Business Details
Expert Reservoir Engineering Solutions Calgary
Proven Reserves Exploitation Ltd. is a Calgary-based consulting firm specializing in reservoir and production engineering with over 15 years of experience in economic evaluations, acquisitions, and divestitures. Our team of engineers brings diverse expertise from oil and gas field operations, chemical plant operations, simulations, and production engineering. As principal engineer, Granger J. Low contributes more than 20 years of specialized knowledge in economic evaluations, production engineering, and regulatory applications within the Western Canadian Sedimentary Basin and Northwest Territories. We maintain established relationships with the Alberta Energy Regulator (AER) to ensure efficient approval processes for regulatory applications. Our expertise extends to reservoir engineering, including data catalogs, simulations, and advanced techniques like waterflooding, which has added millions in value to client projects.We have submitted over 1,000 regulatory applications with a money-back guarantee for approval, leveraging 42 strategies to avoid regulatory roadblocks. Our team has optimized over 200 waterflood projects, achieving 95% success rates in adding value to oil and gas reserves. We provide tailored consulting services ranging from regulatory guidance to full application submission, with a proven track record of delivering high-value outcomes at competitive prices. Our clients benefit from our deep technical knowledge, regulatory insights, and commitment to solving complex engineering challenges. With a focus on transparency and client collaboration, we deliver solutions that maximize resource value while maintaining compliance with industry standards.
Services
Reservoir Engineering
Regulatory Applications
Economic Evaluations
Waterflood Studies
Production Forecasting
Petrophysics
Simulation
Comminging Analysis
Downspacing
Enhanced Recovery
Highlights and features
- We have over 20 years of specialized experience in reservoir engineering and regulatory applications
- Our team has optimized 200+ waterflood projects with 95% success rates
- We guarantee AER application approval with 42 proprietary regulatory strategies
- We've added $20M+ in NPV to client projects through technical expertise
- Our principal engineer holds a Master's degree in engineering from the University of Calgary
What people say
Helpful and efficient
High quality professionals
Added $20M in value
Excellent technical competence
Quick ERCB approvals
Services
Regulatory Applications
We specialize in preparing and submitting oil and gas regulatory applications to the Alberta Energy Regulator (AER). Our team leverages 42 proprietary strategies to ensure 95% approval rates, offering a money-back guarantee. With over 1,000 applications submitted, we help clients navigate complex regulatory requirements while saving time and reducing costs compared to self-submission.
Waterflood Studies
Our waterflood feasibility studies and implementation services optimize oil recovery from mature pools. Using advanced reservoir analysis techniques, we've successfully increased project values by $20M+ per pool. Our expertise covers all stages from initial feasibility assessment to field implementation, with a proven track record of adding significant net present value to client assets.
Reservoir Engineering
We provide comprehensive reservoir engineering services including data cataloging, simulation, and production forecasting. Our engineers use industry-leading software to evaluate reservoir characteristics and develop optimization strategies. This technical expertise helps clients maximize recovery rates and make data-driven decisions about field development and asset valuation.
Economic Evaluations
Our economic evaluation services assess the financial viability of oil and gas projects using specialized software tools. We analyze acquisition opportunities, development plans, and reserve potential to determine project economics. This helps clients make informed investment decisions and identify upside value in their asset portfolios.
Production Forecasting
We employ decline curve analysis and material balance simulations to predict future production rates and ultimate recovery. Our forecasting models incorporate reservoir pressure dynamics and production history to provide accurate reserve estimates. This information is critical for regulatory reporting, investment decisions, and field development planning.
People
Granger J. Low
Principal Engineer
With over 20 years of experience in reservoir engineering and economic evaluations, Granger holds a Master's degree in engineering from the University of Calgary. He has worked with major energy companies including Husky Oil and Koch Exploration, and has added significant value to numerous oil and gas projects through innovative engineering solutions.
Questions
What regulatory services do you offer for oil and gas projects?
We prepare and submit AER applications with a 95% approval rate, using 42 proprietary strategies to avoid regulatory roadblocks while guaranteeing approval.
How can waterflooding increase my oil reserves' value?
Our waterflood studies optimize oil recovery by analyzing reservoir characteristics and injection strategies, typically adding $20M+ in NPV to client projects through enhanced recovery.
What makes your reservoir engineering services unique?
We combine advanced simulation techniques with practical field experience to deliver actionable insights that maximize recovery rates and asset value for oil and gas operators.
How quickly can you complete a regulatory application?
Our record is 4 days for complete application submission, with average processing times significantly faster than industry standards due to our regulatory expertise.
What experience do you have with Alberta reservoirs?
Our team has extensive experience in the Western Canadian Sedimentary Basin, having worked on over 200 waterflood projects and optimized reserves across multiple geological formations.
How do your economic evaluations benefit oil and gas operators?
We analyze acquisition opportunities and development plans using specialized software to identify upside value and provide data-driven investment recommendations for energy assets.
